Global
Culture (Global)
“Sounds of Korea” Featuring Park Bo-gum… Korea Tourism Organization Unveils First Film-Style Overseas Advertisement
The Korea Tourism Organization (KTO) is launching a film-style overseas tourism promotion campaign featuring actor Park Bo-gum. Moving beyond conventional videos showcasing tourist attractions, this c…
Stocks
Choi Tae-won: "AI Is Still Like a 4- or 5-Year-Old Child… Memory Demand Will Continue to Grow Until AGI Arrives" (Roundup)
“The AI you’re seeing right now is like a 4- or 5-year-old child.”SK Group Chairman Choi Tae-won stated at a press conference held on the 10th (local time) in New York to commemorate SK hynix(000660) …
Economic Indicators
Choi Tae-won: "We Will Review Further Requests for a SK hynix Stock Split"
SK Group Chairman Choi Tae-won hinted at the possibility of a stock split for SK hynix(000660), stating, “We will consider it if we receive more requests.” However, he drew a line, noting that he had …
Stocks
"SK hynix Sets U.S. IPO Price at $149 per ADR"... Expected to Be Largest IPO in History, Surpassing Alibaba
Bloomberg reported on the 9th (local time) that SK hynix(000660)has set its initial public offering (IPO) price for a listing on the U.S. Nasdaq at $149 per American Depositary Receipt (ADR). Despite …
Stocks
Down 20% from June High… Is the KOSPI Entering a Bear Market? "A Correction Triggered by AI-Driven Speculation"
CNBC reported on the 9th that the KOSPI index—which had posted the world’s highest returns so far this year—has entered a bear market in just a few weeks. The KOSPI plummeted more than 5% on the 8th, …
Society (Global)
"It Feels Like a Slap in the Face": Samsung and Hanwha Employees Experience a 'Collective Reality Check' Over Bonuses… Foreign Media Takes Notice
The Financial Times (FT) reported on the 9th that as SamsungElectronics and SK hynix post record-breaking earnings driven by the artificial intelligence (AI) semiconductor boom—with performance bonuse…
Energy
KEPCO Ranks 319th on Forbes’ List of This Year’s Top Companies… Jumps 428 Places in Three Years
A panoramic view of the KoreaElectricPower Corporation (KEPCO) headquarters in Naju. (Photo courtesy of KEPCO)
#KoreaElectricPower Corporation (KEPCO) announced on the 8th that it ranked 319th on …
Trade
Events That Start from Scratch Every Time… Need to “Quantify” Experience and Know-How [MICE]
Shin Hyun-dae, President of the Korea MICE Association
“We must institutionally mandate the collection of ‘data’ and the creation of ‘legacy’ when hosting international events.”Shin Hyun-dae, Pres…
FX
South Korea, Still Haunted by the '97 Trauma, Cautiously Launches 24-Hour Won Trading
Deep within the government complex in Sejong City, officials from the Ministry of Finance and Economy are monitoring every move of the won’s exchange rate from a room known as “the box.” With the won’…
Energy
Amid a Surge in AI Power Demand… Government and Industry Kick Off Efforts to Commercialize DC Power Grids
Efforts to industrialize direct current (DC) power grids—in response to the expansion of artificial intelligence (AI) data centers and renewable energy—are now in full swing.
Lee Ho-hyun (fifth fro…